Comments
Standard Chartered will become the first foreign bank to launch operations at International Financial Services Centre (IFSC) located in Gujarat International Finance Tec – City (GIFT City).
Standard Chartered has received in-principle regulatory approvals to set up its IFSC Banking Unit (IBU) in GIFT IFSC.
The banking business at GIFT IFSC has seen a 167 per cent jump in two years. The cumulative banking transactions touched $22 billion this year, up from $6 billion in 2016-17.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.